24option is a broker that has been highly ranked by critics and users alike as being one of the best to trade with. There is a wide range when it comes to the assets available for trading, and the broker boasts of having one of the best customer service reputations as well, having a 24 hour customer service hotline.
Opening an account at this broker is a process that doesn’t take up too much time. With every account opened on the site, the trader has the option to try out an excellent demo account, which is beneficial because it allows traders to practice the art of trading on their platform without having to lose money just because they don’t know about the features they can take advantage of.
You can try out the 24Option Demo Here.
How the 24Option Demo Account Works
Trading using a demo account at 24option is one of the best ways for a new trader to the game to learn how to do it as well. The only thing required to be eligible to access the account is to open a regular account by making the minimum deposit of $250. The money in the demo account is virtual, and provides a fun learning experience to develop skills, tactics and a plan for real trades in the future.
It is important that traders don’t start trading without knowing the platform completely. It is a critical step to take in order to perfect your skills. When you open your account at 24option, make sure you either navigate to the demo first, or that you request access to it from the customer service hotline that is always available to help you out.
How to Open a 24Option Demo Account
The minimum deposit at 24option for the most basic trading account is $250, which is on the lower range of initial deposits. The account creation process is fast and easy, with only a few personal information fields to be filled out at signup. The account, once opened, has to be funded with the initial deposit. After this, traders can ask for a demo account.
One of the best things about this broker is that they have a moneyback guarantee on their accounts. If you don’t use the money you used to fund your account, because you tried out the demo and decided that their platform wasn’t the right one for you, this broker allows you to withdraw your initial deposit with no further obligations, and then close your account.
Numerous Benefits to All Traders
There are many reasons why 24option is one of the best brokers out there to use. It is one of the most loved brokers on the internet because of the many benefits they offer to their clients. One of these is that there is a wide range of assets to trade with. Currency pairs, stocks, indices and commodities are all available at 24option for a trader to take advantage of. Binary options are obviously available as well.
The customer support that is offered to traders with this broker is one of the best as well. The team is efficient and ready to help at any time. There is even a special training department for traders to get some advice and training on how to be better at trading their options. This is great for a new trader looking to learn the ropes. The large amount of resources is available to everyone who opens an account.
Bonuses for Everyone to Enjoy
Then there are the bonuses. Demo account aside, you get a range of proper money-making bonuses when you trade with the broker. There is no account-based perk either. The bonuses apply to all traders, although better accounts get better return on these as well as better features. For example, a holder of a Platinum account is able to access boundary options, high yield options, high/low options and one touch options. Each trade that wins allows for a 4% additional amount of the deposit as well.
There are also weekly and monthly tournaments that are conducted by the broker. These are available to all users as well, and there is a prize that is very desirable indeed. In addition to this, a personalized trading coach is available to all platinum and gold account holders, which is perfect for mastering advanced strategies in trading. With the demo account and the rest of these features, 24option probably is one of the greatest!